Originally posted by northernladuk
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Originally posted by scooterscot View PostOr... Centrica up 20% since taking a position!!
https://www.contractoruk.com/forums/...crash-114.html
It's now at 40.40. Isn't that like 13%?
If you'd bought Amazon you'd be up 40%..
EDIT : I also thought we were talking about a lot of money here as well. I didn't realise you were trading less than 11k total. What a waste of time.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostWhere do you get 20% from anyway? You posted your purchase at 35.53p here
https://www.contractoruk.com/forums/...crash-114.html
It's now at 40.40. Isn't that like 13%?
If you'd bought Amazon you'd be up 40%..
EDIT : I also thought we were talking about a lot of money here as well. I didn't realise you were trading less than 11k total. What a waste of time.Comment
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Originally posted by northernladuk View PostBearing in mind the growth in nearly all stocks from the initial dip I'd say 20% is pretty crap TBH. And bearing it's been pretty difficult to make less than 20% it's hardly a flag to be waving.
Really? Let's test your theory. Your reputation hangs in the balance.... 20% is pretty crap, could be achieved from nearly all FTSE 100 stocks since my CNA investment, he says.
Starting with the largest volume traded.
Lloyds banking group.. nadda same 0% - not a good start NL.
BP - down 12% - not looking good NL
Vodafone +10% - he's saved! All markets, but wait that's not 20%...
ITV -15%
But you said you could have made 20% anywhere in the market. Are you telling porkies?
Tesco - everyone needs shopping, that must be why we're down 10%
HSBC -13%
You should get a job with the Daily Wail, you'd fit right in.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by DimPrawn View PostPooper never loses, remember that.
Like the captain, scooter does not believe in the no win scenario.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by Whorty View PostOoh, FTSE up 20% since I took my position. (well, I have funds across multiple markets but my 6 figures have gone up 20%)
So, what you're saying is, a major stock on the FTSE is tracking the overall market (and vice-versa). You've bet on this single stock doubling in value, and yet at the same time betting that the market that this single stock has an influence on will drop like a brick.
Do you see where your logic is flawed? The chances of Centrica going up 100% whilst at the same time the FTSE dropping through the floor are low to zero purely because Centrica is part of the FTSE.
You need more graphs
In English... oder Deutsch, was ist einfacher für dich?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by northernladuk View PostWhere do you get 20% from anyway? You posted your purchase at 35.53p here
https://www.contractoruk.com/forums/...crash-114.html
It's now at 40.40. Isn't that like 13%?
I always cost average in to a position - never time the market, that's what the retail folks do.
My weighted average price in is around 33, or 22% away from current prices."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostReally? Let's test your theory. Your reputation hangs in the balance.... 20% is pretty crap, could be achieved from nearly all FTSE 100 stocks since my CNA investment, he says.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by scooterscot View PostReally? Let's test your theory. Your reputation hangs in the balance.... 20% is pretty crap, could be achieved from nearly all FTSE 100 stocks since my CNA investment, he says.I am what I drink, and I'm a bitter manComment
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